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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating expenses:    
Research and development $ 205,749 $ 118,021
General and administrative 35,011 22,838
Total operating expenses 240,760 140,859
Loss from operations (240,760) (140,859)
Other income, net:    
Interest income 24,915 23,760
Other expense, net (10) (2,809)
Change in fair value of warrant liabilities and contingent earn-out shares 2,439 3,905
Total other income, net 27,344 24,856
Loss before income taxes (213,416) (116,003)
Net loss $ (213,416) $ (116,003)
Net loss per share attributable to common stockholders, basic $ (1.13) $ (0.7)
Net loss per share attributable to common stockholders, diluted $ (1.13) $ (0.7)
Weighted-average common shares used to compute net loss per share, basic 188,145,904 164,729,200
Weighted-average common shares used to compute net loss per share, diluted 188,145,904 164,729,200
Comprehensive loss:    
Net Income (Loss) $ (213,416) $ (116,003)
Other comprehensive gain (loss):    
Unrealized gain (loss) on investments, net 386 (1,742)
Comprehensive loss $ (213,030) $ (117,745)